1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
kirill [66]
3 years ago
5

rrent selling price of $170. Variable costs are $130 per unit, and fixed costs per month average $6,240. Management is consideri

ng increasing the selling price to $190 per unit. Assume that the variable cost per unit of the product and monthly fixed expenses will not change as a result of the proposed increase in selling price. At the proposed increased selling price of $190 per unit, the contribution margin ratio is closest to: Group of answer choices 68.4%. 60.2%. 50.8%. 31.6%.
Business
1 answer:
GREYUIT [131]3 years ago
4 0

Answer:

31.6%

Explanation:

Contribution margin ratio after the increase in selling price is:

CM = (Unit selling price - Unit variable cost) / Unit selling price

      = (190 - 130) / 190 = 31.6%

You might be interested in
Should a firm change its positioning depending on the market? What are the potential advantages and disadvantages of doing this?
nasty-shy [4]

Answer:

In simple words, In comparison to competitors, market positioning refers to the capacity to impact customer perceptions of a brand or commodity. The purpose of market placement is to establish a brand's or product's image or character so that people view it with a certain aim in mind.

Effective sales promotion has the best characteristic of being able to provide a competitive edge. As a result, if a corporation can position its services as particularly important, competitors will believe it will be difficult to make a strong case for acquiring alternatives.

4 0
3 years ago
Which of the following statements regarding SPT and WSPT is INCORRECT?
Alex Ar [27]

Answer:

D

Explanation:

WSPT assigns the highest priority to the job with the LOWEST weight/processing time ratio.

4 0
3 years ago
What do consumers and business in the market economy seek to do ?
Ivanshal [37]

Consumers and business in the market economy seek to earn money so they can buy products so that they don't go out of business.

6 0
3 years ago
Read 2 more answers
Which of the following serve as intermediaries channeling the savings of individuals, businesses and governments into loans and
finlep [7]

Answer: Financial institutions

Explanation: Financial institutions, sometimes referred to as banking institutions works as a  intermediary in financial markets. These institutions offers deposit facilities to general public in exchange of interest on such deposits. Then these institutions lend the deposited amounts to those in need for investments and funds and charge interest to them.

Thus, we can conclude that option A is correct.

8 0
4 years ago
Now, suppose the fish cannery has the property rights to the lake, including the right to pollute it. In this case, assuming the
zimovet [89]

The fish cannery will use the recycling method, regardless of who has the property rights: TRUE

<h3>What is recycling?</h3>
  • Recycling is the process of gathering and converting resources into new goods that would otherwise be thrown away as waste.
  • Both the environment and your community may benefit from recycling.
<h3>Given situation:</h3>

"Suppose the fish cannery has the property rights to the lake, including the right to pollute it.

In this case, assuming the two firms can bargain at no cost, the fish cannery will use the recycling method, and the resort will pay the fish cannery between $300 and $800 per week.

The resort will make the most economic profit when it has property rights to a clean lake."

Therefore, the following statement "the fish cannery will use the recycling method, regardless of who has the property rights is TRUE.

Know more about economic profits here:

brainly.com/question/24477585

#SPJ4

8 0
2 years ago
Other questions:
  • Todd and his brother Robert are going to use 512 square feet of their backyard for skateboard ramps. The shape of the backyard i
    7·2 answers
  • Clients and interviewers may use __________ to highlight the important issues in their statements. a. verbal underlining, topic
    13·1 answer
  • Dana wants to purchase a new pair of shoes from the internet. What steps should she take to ensure her identity is protected whi
    7·1 answer
  • g Texas Corporation purchases a piece of equipment on January 1 for $300,000 and the equipment has an expected useful life of te
    11·1 answer
  • The bullet points beneath a one-line mission statement often serve as
    14·2 answers
  • Household consumers are the most conspicuous audience in that most mass media advertising is directed at them. T/F
    6·1 answer
  • If the general education level within a country rises significantly over time, it is likely that: the country’s production possi
    15·1 answer
  • Buying and selling products online is called ____________. A. Information systems B. Browsing the web C. E-commerce D. E-mailing
    14·1 answer
  • Determine the order in which the following budgets are generally prepared.
    11·1 answer
  • Need friends invite me will mark brainliest
    6·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!